The law firm of Barbara B. Braziel has more than 29 years of experience in helping debt-ridden individuals achieve a fresh financial start. We handle all kinds of bankruptcy law cases, and we also provide free debt relief and budget counseling for your financial problems. Our resident lawyer will carefully study your situation and determine whether you are qualified for Chapter 7 or Chapter 13 bankruptcy.
Chapter 7 Bankruptcy eliminates credit card debts. In fact, Chapter 7 eliminates most unsecured debts. Unsecured debts are debts that are not backed by anything. Meaning they do not have property attached as collateral.
The threat of foreclosure is one of the most frightening things for a homeowner. Do you need information on how bankruptcy can stop foreclosures? When you fall behind on your mortgage payments, your lender has the right to foreclose on the property. Foreclosure is the legal proceeding whereby your mortgage lender sells your real property. The lender then applies the money from the sale of the property toward the debt owed on it.